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Damac Towers By Paramount

Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily

Damac Towers By Paramount is a project by Damac Star Properties (L L C), recorded at 100% complete at its last Dubai Land Department inspection. 151 sales registered in the trailing 12 months at a median AED 1.65M (1 434 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

Median sale price
AED 1.65M +4.5%
IQR AED 1.32M – AED 2.11M
DLD verified
Median price per sqft
AED 1 434/sqft -7.7%
IQR 1 308 – 1 560 AED/sqft
DLD verified
Registered sales
151 -13.7%
all property types · trailing 12 complete months
DLD verified
Off-plan share
0.0%
of registered sales in the window
DLD verified

Source: Registered DLD transactions · Data through 22 Oct 2026 · sample 151 records · outlier-trimmed median, complete months only · Methodology v1.0 ↗

What the DLD registry says about this project

FieldValueProvenance
DeveloperDamac Star Properties (L L C) DLD verified
StatusFinished DLD verified
Construction progress100% — at the last DLD inspection DLD verified
Registered with DLD8 Nov 2008 DLD verified
Construction started27 Mar 2008 DLD verified
Declared completion23 Oct 2018 — registry date, not a handover promise DLD verified
Units in the project2 041 DLD verified
Project area195 259 sqm DLD verified
Escrow agentAbu Dhabi Islamic Bank DLD verified
Project number443 DLD verified

Source: DLD project registry (Mashrooi) · Data through 22 Oct 2026 · registry fields as recorded, not developer marketing · Methodology v1.0 ↗

Price per square foot, month by month

1 5002 000Oct 2021May 2022Dec 2022Jul 2023Feb 2024Sep 2024Apr 2025Nov 2025Jun 2026

median   interquartile range (middle 50% of transactions)

Source: Registered DLD transactions · Data through 22 Oct 2026 · monthly medians, months with fewer than 5 registered sales are left blank · Methodology v1.0 ↗

Construction, inspection by inspection

The DLD registry holds 19 technical inspections for this project, from 16 Aug 2012 at 3.0% to 23 Oct 2018 at 100.0%. The last inspection recorded it complete. Inspections are irregular and the percentage is what was recorded at each one, not a live measure of the site.

0%25%50%75%100%declared 2018-10-232012-08-162018-10-23

each dot is one DLD technical inspection; the line between two of them is drawn, not measured; the dashed mark is the completion date declared in the registry

InspectionRecordedChange
23 Oct 2018100.0% +2.8 pp
7 Jun 201897.2% +1.7 pp
29 Jan 201895.5% +1.5 pp
3 Oct 201794.1% +3.9 pp
4 Jun 201790.2% +5.1 pp
17 Jan 201785.0% +4.7 pp
16 Aug 201680.3% +9.1 pp
27 Mar 201671.2% +9.6 pp
9 Dec 201561.6% +4.2 pp
26 Oct 201557.4% +9.6 pp
29 Jul 201547.8% +10.6 pp
21 Apr 201537.2% +10.3 pp
11 Jan 201526.9% +10.8 pp
18 Sep 201416.1% +3.6 pp
8 Jun 201412.5% +2.4 pp
3 Feb 201410.1% +1.4 pp
2 Oct 20138.7% +0.0 pp
5 Mar 20138.7% +5.7 pp
16 Aug 20123.0% —

Source: DLD project registry (Mashrooi) — technical inspections · Data through 22 Oct 2026 · percentage as recorded at each inspection; inspections are irregular, and an unchanged value means no new inspection, not that work stopped · Methodology v1.0 ↗

The same figures as a table

MonthSalesMedian priceMedian AED/sqftIQR AED/sqft
Sep 202617 AED 2.00M1 319 1 294 – 1 465
Aug 202611 AED 1.30M1 376 1 234 – 1 447
Jul 202611 AED 1.85M1 299 1 224 – 1 458
Jun 202614 AED 1.79M1 401 1 284 – 1 485
May 20268 AED 2.27M1 413 1 306 – 1 551
Apr 202611 AED 1.43M1 402 1 220 – 1 554
Mar 202611 AED 1.40M1 425 1 211 – 1 466
Feb 20267 AED 1.30M1 392 1 377 – 1 690
Jan 202612 AED 1.45M1 500 1 408 – 1 561
Dec 202512 AED 2.00M1 452 1 405 – 1 580
Nov 202524 AED 2.00M1 648 1 491 – 1 948
Oct 202513 AED 1.50M1 491 1 363 – 1 710
Sep 202512 AED 1.59M1 601 1 444 – 1 763

Source: Registered DLD transactions · Data through 22 Oct 2026 · complete months only; the current month is excluded because DLD keeps registering it · Methodology v1.0 ↗

By number of bedrooms

HomesSalesMedian priceMedian AED/sqftMedian sizeMedian rentGross yield
1-bedroom apartments 62AED 1.42M 1 456 945 sqft — —
2-bedroom apartments 34AED 2.00M 1 325 1 515 sqft — —
3-bedroom apartments 23AED 2.55M 1 460 1 747 sqft — —
4-bedroom apartments insufficient data 1— — — — —

Source: Registered DLD sales and Ejari rental contracts · Data through 22 Oct 2026 · yield shown only where at least 15 rents and 15 ready-home sales support it · Methodology v1.0 ↗

Registered sales by year

0100200300201520162017201820192020202120222023202420252026

median   interquartile range (middle 50% of transactions)

YearSalesMedian priceMedian AED/sqftTotal registered value
2026102AED 1.57M 1 399AED 178.22M
2025188AED 1.59M 1 552AED 332.16M
2024154AED 1.90M 1 546AED 295.20M
2023178AED 2.02M 1 593AED 361.31M
2022221AED 1.91M 1 540AED 428.64M
2021159AED 1.33M 1 336AED 241.94M
2020160AED 1.54M 1 188AED 253.35M
201966AED 1.50M 1 531AED 123.71M
201868AED 2.15M 2 168AED 157.85M
2017129AED 2.10M 2 089AED 293.36M
2016296AED 1.33M 2 347AED 506.31M
2015106AED 1.76M 2 345AED 231.07M

Source: Registered DLD transactions · Data through 22 Oct 2026 · calendar years; the current year is partial · Methodology v1.0 ↗

Latest registered sales

DatePropertyRegistrationSizePriceAED/sqft
30 Sep 2026Studio Hotel Rooms — DAMAC TOWERS BY PARAMOUNTReady 637 sqftAED 1 587 000 —
30 Sep 2026Studio Hotel Rooms — DAMAC TOWERS BY PARAMOUNTReady 486 sqftAED 900 000 —
30 Sep 20261 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 042 sqftAED 1 363 400 1 309
29 Sep 20262 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 388 sqftAED 2 683 640 1 934
29 Sep 20262 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 515 sqftAED 2 957 350 1 952
23 Sep 20263 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 744 sqftAED 2 300 000 1 319
23 Sep 20262 B/R Hotel Apartment — DAMAC TOWERS BY PARAMOUNTReady 1 388 sqftAED 1 827 156 1 317
21 Sep 20262 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 394 sqftAED 1 750 000 1 255
18 Sep 20263 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 747 sqftAED 2 300 000 1 317
16 Sep 20263 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 747 sqftAED 2 200 000 1 259
16 Sep 20261 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 055 sqftAED 1 350 000 1 279
11 Sep 20263 B/R Flat — DAMAC TOWERS BY PARAMOUNTReady 1 744 sqftAED 2 500 000 1 434

Source: Registered DLD transactions · Data through 22 Oct 2026 · individual registrations, shown exactly as recorded, without trimming · Methodology v1.0 ↗

What these numbers do not show

  • Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
  • Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
  • A handover promise. The declared completion date is a registry field, not a commitment.
  • Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
  • Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
  • Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

Where this project sits

More projects in Business Bay

For AI agents and researchers

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